← Go back to All Blogs
The OPEC+ coalition ratified an oil-production increase that completes the return of supplies halted during the pandemic, while deferring discussions on its next move for another day. View the full article
The U.S. Supreme Court’s decision on the EPA's federal overreach with the Clean Air Act is a win for good government, American energy producers and for hardworking taxpayers, Railroad Commission of Texas Chairman Wayne Christian said. View the full article
The U.S. Supreme Court restricted the Environmental Protection Agency’s authority to curb greenhouse gases from power plants, siding with coal-mining companies and Republican-led states in a blow to President Joe Biden’s climate-change agenda. View the full article
President Joe Biden said he’ll ask U.S. allies in the Persian Gulf region to boost oil production when he meets with them during a trip to Saudi Arabia next month, one of the key avenues he has to address surging inflation costs at home. View the full article
Shell Plc is set to follow other Western energy majors by taking a stake in a $29 billion project to boost Qatar’s exports of liquefied natural gas, just as Europe races to shore up new supplies of the fuel. View the full article
As a resource-rich country on the leading edge of many clean energy technologies, Norway is uniquely well placed for the clean energy transition, according to a new in-depth policy review by the International Energy Agency. View the full article
OPEC+ is more than half a billion barrels behind on its pledge to supply world markets with oil, exacerbating concerns about the group’s ability to balance the global market. View the full article
A helicopter carrying nine people near India’s Oil and Natural Gas Corporation’s Sagar Kiran offshore rig landed in the Arabian Sea on Tuesday morning, killing four. View the full article
The UK government’s decision to impose a 65% tax rate on the nation’s offshore energy providers will do long-term damage to the industry – and raise the risk of future energy shortages, OEUK has told the government. View the full article
The Ministry of Petroleum of the Republic of Niger announced the country has reached a new milestone in furthering the regional gas market through the progressing construction of the multi-billion Trans-Saharan Gas Pipeline alongside Algeria and Nigeria. View the full article
Ecuador’s oil production is likely to halt completely within 48 hours if road blocks and vandalizing of oil wells continue, the Energy Ministry said in an emailed statement. View the full article
The organizations - who represent more than 11 million American skilled workers keeping the lights on and fuels flowing - encouraged the administration to recognize domestic energy resources as a strategic asset for U.S. national and economic security. View the full article
Russia’s invasion of Ukraine has dominated headlines in terms of being a humanitarian crisis in Eastern Europe, which it is, first and foremost. It also continues to have sweeping implications for the global energy industry, the global economy, and everyone on the planet. View the full article
Swagelok Company, a solutions provider of fluid system products, assemblies, and related services, is marking its 75th year in business by expanding its workforce on Cleveland’s west side through the addition of positions in its existing Strongsville facility and the purchase of an existing, 135,000-square-foot building in Valley City, Ohio. View the full article
Offshore Energies UK thanked the Chancellor of the Exchequer for a “candid and constructive” meeting with the nation’s gas and oil producers - but warned that his new energy profit levy risks undermining attempts to attract capital investment to the UK. View the full article
Cost-efficient emissions reductions of up to 87% on offshore oil and gas platforms could be achieved using alternative power sources, according to the winners of a competition launched to accelerate electrification of oil and gas assets in the North Sea. View the full article
In an effort that has been underway for several years and is now set against a backdrop of triple-digit oil prices, oil and gas companies are continuing attempts to devise new methods of increasing production from existing unconventional wells. View the full article
The American Petroleum Institute and American Fuel & Petrochemical Manufacturers called the meeting “a constructive discussion.” While no concrete solutions emerged, both sides promised to keep talking and working together in good faith. View the full article
Seadrill Limited, an offshore drilling contractor, announced it has been awarded contract extensions for the AOD I, AOD III and West Callisto jackup rigs for work offshore in the Persian Gulf. View the full article
TUBACEX will build a new tube and thread manufacturing plant in Abu Dhabi as part of its largest-ever award with Abu Dhabi National Oil Company. View the full article
Oil leaders and their allies on Capitol Hill are panning the approach, saying it does nothing to address more fundamental problems holding back U.S. crude and gasoline production. View the full article
Eco Atlantic plans to spud the Gazania-1 well, 25 km (15 mi) offshore the Northern Cape in South Africa in September. View the full article
ABB has been contracted by engineering, procurement, and construction contractor Aker Solutions to deliver the main electrical, automation and safety systems for Norway’s Northern Lights project. View the full article
Exxon Mobil Corp. is investing in a $29 billion project to boost Qatar’s gas exports, joining others including ConocoPhillips, TotalEnergies and Eni SpA. View the full article
TotalEnergies SE in February said it had made a “significant” oil discovery off the coast of Namibia, three weeks after Shell Plc announced a find off the southwest African nation. View the full article
-
entries
3,422 -
comments
170 -
views
1,037,507
About this blog
I started this blog to express what I sense about the highs and lows of the oil realm, while cautiously analysing historical data, taking into account the geo-political development at the time of recording them.
I got into this field, having been a passive observer of fluctuations of crude oil prices and their global consequences for years.
Then, when on the day of Great Oil Crash in April, 2020, I made a decision to make my own blog, with the motto, ‘analysing data that really matters’.
Having come from an academic background in mathematics and physics, I analyse data using my own tools, created with JavaScript and Python, taking my decision on board while making decisions.
